Ireland: Kingspan has agreed to acquire electrical engineering firm BMC Manufacturing Group for €850m, comprising €600m in cash and €250m in new shares. BMC Manufacturing Group designs and produces low-voltage power distribution equipment for data centres at four plants in Dublin and County Meath, with a fifth planned somewhere in the US. Kingspan already supplies insulation and other construction products to data centres. The Irish Times newspaper has reported that the Kingspan expects to complete the acquisition by the end of 2026.
Kingspan to diversify data centres equipment offering with BMC Manufacturing Group acquisition
